A Peek Into The Market Before The Trading Starts

US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co

and weekly jobless claims data. Futures for the Dow Jones Industrial Average dipped 70 points to 11,748.00 and S&P 500 index futures fell 8.60 points to 1,245.90. Nasdaq 100 futures dropped 14.00 points to 2,288.50.

European markets were mostly lower today. The STOXX Europe 600 Index declined 0.75%, London's FTSE 100 Index moved down 1.28%, French CAC 40 index fell 0.56% and German DAX 30 index dropped 0.25%. Asian markets ended mixed, with Japan's Nikkei Stock Average gaining 0.1952%, Australia's S&P/ASX 200 moving down 1.26% and China's Shanghai Composite rising 0.21%. Hong Kong's Hang Seng Index fell 0.4910% and India's Sensex dipped 1.38%.

Analysts at Robert W. Baird downgraded Dendreon Corporation

from "outperform" to "neutral." The target price for Dendreon has been lowered from $56 to $20. Dendreon shares dipped 61.89% to $13.66 in pre-market trading.